Re: \"loose\" play and variance
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Yes, it is winrate/SD. Generally, this is the most accurate indicator of overall variance. (For example, this number is the most important when it comes to calculating bankroll requirements.)
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Actually, the number you want is win rate/variance, or equivalently (but more usually!) variance/win rate. Variance is SD^2.
So I guess the question you're asking is does win rate grow faster than the square root of the SD as you play more in your bold, aggressive style. And the answer is a resounding "I don't know".
Guy.
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